Not many people know about eE, but it was the third pillar of eBay (alongside Marketplaces and Payments). It gives the sort of national merchants you find in malls the tools to compete with companies like Amazon. When Donahoe agreed to spin off PayPal, he promoted the head of Marketplaces (Devin Wenig) to be the CEO Elect of eBay Inc. Devin promptly announced he wanted to divest Enterprise, essentially splitting the 3 silos of eBay Inc into three separate companies.
http://recode.net/2015/01/21/ebay-to-cut-2400-jobs-and-explo...
Not many people know about eE, but it was the third pillar of eBay (alongside Marketplaces and Payments). It gives the sort of national merchants you find in malls the tools to compete with companies like Amazon. When Donahoe agreed to spin off PayPal, he promoted the head of Marketplaces (Devin Wenig) to be the CEO Elect of eBay Inc. Devin promptly announced he wanted to divest Enterprise, essentially splitting the 3 silos of eBay Inc into three separate companies.